Apartment in a hotel residence with full access to all the services provided by the hotel.

Description

The three-room apartment is fully furnished, located in the main building on the −1 floor and includes a spacious balcony with mountain views.

The apartment is a part of building complex consisting of three buildings connected by an underground passage with a total area of 12,795 m²:

a hotel with 79 rooms and 7 apartments, restaurants and conference rooms

four-story SPA building with a total area of ​​2,881 m², including 8 apartments located on the upper floors, a swimming pool, a gym, a sauna and massage cabins

building with 16 apartments with a total area of ​​1,891 m² coming in 2020

The apartment owners at residences enjoy all the advantages of the hotel, with full access to its signature amenities: restaurant, lively lobby bar, roof top cocktail bar offering fantastic views of the surrounding area, spa zone, private parking and ski room.

Temporary restrictions on apartment usage for owners of maximum 8 weeks per year,
including 3 weeks in high season. For the rest of the year, apartments are available for rent as hotel rooms, which gives the owner a potential
income from apartment rental throughout the year.

Residences are exempted from the terms of the Lex Koller Act.
This gives to the international buyers unrestricted opportunity
to acquire the property.

Financial performance

The expected annual income is 26,247 €.

The expected yield is 6.7%.

By participating in the rental program offered by the hotel the owner receives 60% of of the gross rental revenue minus 15% of a management fee.

Loan

There is a possibility of bank financing in the amount of 50% of the cost.

Location

The property is located in a prestigious Swiss resort, Davos. Many attractions are just a few steps away: the mountain railway to Schatzalp; the hockey stadium, a golf club and the Congress Centre.

The World Economic Forum in Davos attracts heads of state and the Iinancial and political elite, annually since 1971.

Davos is also the Swiss capital of snowboarding. It is also home to the largest ski area in the Swiss Alps, with over 300km of well-groomed pistes. Since 1923, the city hosts the international ice hockey tournament Spengler Cup. Davos is known as the center of ice skating. The biggest open air skating rink in Europe is here.

The beautiful landscapes and pure Alpine air of this city have always attracted visitors, which is the reason why leading medical clinics are located in this part of Switzerland.